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Sonipat : Where Owning a Plot of Land is a Wise Decision

A challenge faced by the smart buyer today is to identify the right location and opportunity to acquire their own plot of land.

January 13, 2023 / 18:45 IST

A plot of land typically increases in value through time, and can serve as a store of value. Owning a plot of land gives you the option to design your own home as per your own choices. Since you can regulate who has access to your property, owning land can provide you a sense of protection and security. By renting or leasing out the property, landowners have an opportunity to earn additional income as well. As a tangible asset that can be passed down to future generations, owning land also offers you a sense of pride, heritage, and legacy. A challenge faced by the smart buyer today is to identify the right location and opportunity to acquire their own plot of land.

That brings us to Sonipat. Owning a plot of land in Sonipat can bring a variety of benefits for both individuals and families. One of the main benefits is the town's proximity to industrial hotspots through the Kundali-Manesar-Panipat Expressway. Through this expressway, Sonipat has connections to major economic centers in the region. This makes it an attractive location for businesses looking to establish operations in the area, thus expanding its economic potential.

The presence of multiple educational institutions, such as SRM University, OP Jindal University, and Rajiv Gandhi Education City, also makes Sonipat an ideal location for those looking to build their future home near schools or universities where their children can study. Additionally, these institutions bring a steady stream of students and faculty, providing a ready market for rental properties.

Another major benefit of owning land in Sonipat is the recent investment by Maruti Suzuki. The company has invested Rs. 18,000 crore to build their third plant in the town, which is expected to employ 11,000 people and achieve a capacity to produce one million cars annually. This investment is likely to drive economic growth in the region and increase demand for both residential and commercial property.

All in all, today's smart buyer has access to various opportunities in the residential real estate market from apartments and villas to residential plots. The buyer who is looking for a safe store of value, an opportunity to construct the home of their choice, and do it in a location that has great economic potential along with strong educational and industrial infrastructure, there is no better option than Sonipat.

Moneycontrol journalists were not involved in the creation of the article.
first published: Jan 13, 2023 06:45 pm

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